Coro Energy (CORO)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.28p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.75
  • 52 Week Low: 0.24
  • Currency: UK Pounds
  • Shares Issued: 2,111.62m
  • Volume: 1,559,818
  • Market Cap: £5.86m
  • RiskGrade: 570

Coro Energy unconcerned by Italy exploration changes

By Josh White

Date: Friday 15 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Coro Energy updated the market on its production and exploration licenses located in the Republic of Italy on Thursday, following the introduction of the country's Sustainable Energy Bill earlier in the week.
The AIM-traded firm said the bill included an increase in surface fees, as well as a temporary suspension in the permitting of activities for exploration licenses such as the drilling of exploration wells.

With the exception of the increase in surface fees, which was expected to increase group annual annual operating costs by approximately €0.1m, Coro said the bill's contents were not material to its Italian portfolio.

That portfolio, which consisted of five exploitation concessions, remained under review as part of the post merger integration process.

"The legislation makes allowance for compensation for companies that are impacted," the Coro Energy board said in its statement.

"Should it become necessary, Coro Energy could seek compensation for all exploration costs up to the withdrawal date."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Coro Energy Market Data

Currency UK Pounds
Share Price 0.28p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.75
52 Week Low 0.24
Volume 1,559,818
Shares Issued 2,111.62m
Market Cap £5.86m
RiskGrade 570

Coro Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.62% below the market average23.62% below the market average23.62% below the market average23.62% below the market average23.62% below the market average
20.99% above the sector average20.99% above the sector average20.99% above the sector average20.99% above the sector average20.99% above the sector average
Price Trend
97.8% below the market average97.8% below the market average97.8% below the market average97.8% below the market average97.8% below the market average
97.83% below the sector average97.83% below the sector average97.83% below the sector average97.83% below the sector average97.83% below the sector average
Income Not Available
Growth Not Available

Coro Energy Dividends

No dividends found

Trades for 29-Jul-2021

Time Volume / Share Price
10:06 1,199,635 @ 0.27p
09:29 360,183 @ 0.28p

Coro Energy Key Personnel

CEO Mark Hood

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